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U.S. Marine and Shipping Industry Analysis

UpdatedDec 05, 2023
DataAggregated Company Financials
  • 7D4.6%
  • 3M7.5%
  • 1Y5.8%
  • YTD10.5%

Over the last 7 days, the Marine and Shipping industry has risen 4.6%, driven by gains in ZIM Integrated Shipping Services and Star Bulk Carriers of 22% and 8.4%, respectively. In the last 12 months, the industry was up 5.8%. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the U.S. Marine and Shipping Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 Dec 2023US$20.6bUS$22.3bUS$1.0b5x19.8x0.9x
Thu, 02 Nov 2023US$18.5bUS$24.8bUS$5.0b3.1x3.7x0.7x
Sat, 30 Sep 2023US$20.0bUS$24.9bUS$5.2b3.2x3.8x0.8x
Mon, 28 Aug 2023US$19.5bUS$25.1bUS$5.4b2.6x3.6x0.8x
Wed, 26 Jul 2023US$20.3bUS$27.9bUS$7.5b2.5x2.7x0.7x
Fri, 23 Jun 2023US$19.6bUS$27.9bUS$7.5b2.5x2.6x0.7x
Sun, 21 May 2023US$19.9bUS$30.2bUS$9.2b2.7x2.2x0.7x
Tue, 18 Apr 2023US$21.2bUS$31.0bUS$10.1b2.6x2.1x0.7x
Thu, 16 Mar 2023US$20.8bUS$31.4bUS$10.2b2.4x2x0.7x
Sat, 11 Feb 2023US$22.2bUS$33.5bUS$12.4b2.5x1.8x0.7x
Mon, 09 Jan 2023US$19.6bUS$33.2bUS$12.3b2.2x1.6x0.6x
Wed, 07 Dec 2022US$19.6bUS$33.2bUS$12.3b2.2x1.6x0.6x
Fri, 04 Nov 2022US$20.6bUS$32.2bUS$12.8b2.1x1.6x0.6x
Sun, 02 Oct 2022US$19.1bUS$32.1bUS$12.5b1.9x1.5x0.6x
Tue, 30 Aug 2022US$24.1bUS$32.1bUS$12.5b2.1x1.9x0.8x
Thu, 28 Jul 2022US$25.9bUS$29.5bUS$11.6b2.7x2.2x0.9x
Sat, 25 Jun 2022US$24.9bUS$29.5bUS$11.6b2.7x2.1x0.8x
Mon, 23 May 2022US$31.5bUS$29.2bUS$11.4b3.5x2.8x1.1x
Wed, 20 Apr 2022US$35.8bUS$27.3bUS$10.1b4.8x3.5x1.3x
Fri, 18 Mar 2022US$39.3bUS$27.4bUS$10.0b4.5x3.9x1.4x
Sun, 13 Feb 2022US$34.5bUS$23.3bUS$6.5b6.5x5.3x1.5x
Tue, 11 Jan 2022US$30.5bUS$23.1bUS$6.3b5.8x4.8x1.3x
Thu, 09 Dec 2021US$29.9bUS$23.1bUS$6.3b5.7x4.8x1.3x
Sat, 06 Nov 2021US$29.0bUS$19.8bUS$4.0b9.1x7.3x1.5x
Mon, 04 Oct 2021US$31.0bUS$19.0bUS$3.8b12.1x8.2x1.6x
Wed, 01 Sep 2021US$30.9bUS$19.4bUS$3.5b11.5x8.9x1.6x
Thu, 08 Jul 2021US$28.0bUS$19.4bUS$3.5b11.3x8.1x1.4x
Wed, 31 Mar 2021US$21.5bUS$16.5bUS$1.3b16.3x16.9x1.3x
Sat, 02 Jan 2021US$13.1bUS$11.3b-US$1,477,292,013.009.9x-8.9x1.2x
Price to Earnings Ratio


Total Market Cap: US$13.1bTotal Earnings: -US$1,477,292,013.00Total Revenue: US$11.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Marine and Shipping Industry Price to Earnings3Y Average 3.7x20222023
Current Industry PE
  • Investors are optimistic on the American Shipping industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 19.8x which is higher than its 3-year average PE of 3.7x.
  • The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.92x.
Past Earnings Growth
  • Total earnings for the Shipping industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 26% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market0.87%
Marine and Shipping4.58%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ZIM ZIM Integrated Shipping ServicesUS$8.0621.6%
SBLK Star Bulk CarriersUS$21.718.4%
MATX MatsonUS$99.473.2%
GOGL Golden Ocean GroupUS$9.414.4%
CMRE CostamareUS$10.317.0%
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